NetApp (NTAP) Cash from Operations (2009 - 2026)
NetApp's Cash from Operations came in at $503 million for fiscal Q1 2027 (quarter ended Jul 31, 2026), down 25.3% from $673 million a year earlier and down 47.1% from the prior quarter.
NetApp (NTAP) Cash from Operations (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, NetApp reported Cash from Operations of $1.9 billion, up 3.2% year-over-year; for FY2026 (ended Apr 24, 2026), it came in at $2.07 billion, up 37.3% from FY2025.
- Cash from Operations carries a five-year compound annual growth rate of 9.2% (FY2021 to FY2026).
- Going back by fiscal year, Cash from Operations was $1.51 billion in FY2025 (-10.6%), $1.69 billion in FY2024 (+52.2%), $1.11 billion in FY2023 (-8.6%) and $1.21 billion in FY2022 (-9.2%).
- The five-year range for quarterly Cash from Operations is $105 million (fiscal Q2 2025) to $950 million (fiscal Q4 2026).
- Year-over-year, Cash from Operations increased in four of the last eight quarters, with growth averaging 10.4%.
- The fastest year-over-year change in Cash from Operations over five years came in fiscal Q4 2024 (growth of 160.9%), and the weakest in fiscal Q4 2023 (a decline of 42.8%).
- Business Quant data shows NTAP's Cash from Operations at $950 million (Q4 2026), $317 million (Q3 2026) and $127 million (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,982.68 Bn | 4,730.17 Bn | 54.77 Bn | 34.37 Bn |
| 2 | Cisco Systems | 421.04 Bn | 356.97 Bn | 11.06 Bn | 5.39 Bn |
| 3 | Dell Technologies | 360.24 Bn | 315.99 Bn | 9.83 Bn | 2.23 Bn |
| 4 | Arista Networks | 260.49 Bn | 213.94 Bn | 1.91 Bn | 1.08 Bn |
| 5 | Sandisk | 259.56 Bn | 248.08 Bn | 7.58 Bn | 7.13 Bn |
| 6 | Seagate Technology Holdings | 207.93 Bn | 202.92 Bn | 1.90 Bn | 1.31 Bn |
| 7 | Western Digital | 164.91 Bn | 153.04 Bn | 2.03 Bn | 1.39 Bn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 1.24 Bn |
| 9 | Hewlett Packard Enterprise | 83.59 Bn | 61.47 Bn | 4.93 Bn | 1.64 Bn |
| 10 | NetApp | 39.43 Bn | 22.24 Bn | 1.42 Bn | 503.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 503.00 Mn |
| Apr 24, 2026 | 950.00 Mn |
| Jan 23, 2026 | 317.00 Mn |
| Oct 24, 2025 | 127.00 Mn |
| Jul 25, 2025 | 673.00 Mn |
| Apr 25, 2025 | 675.00 Mn |
| Jan 24, 2025 | 385.00 Mn |
| Oct 25, 2024 | 105.00 Mn |
| Jul 26, 2024 | 341.00 Mn |
| Apr 26, 2024 | 613.00 Mn |
| Jan 26, 2024 | 484.00 Mn |
| Oct 27, 2023 | 135.00 Mn |
| Jul 28, 2023 | 453.00 Mn |
| Apr 28, 2023 | 235.00 Mn |
| Jan 27, 2023 | 377.00 Mn |
| Oct 28, 2022 | 214.00 Mn |
| Jul 29, 2022 | 281.00 Mn |
| Apr 29, 2022 | 411.00 Mn |
| Jan 28, 2022 | 260.00 Mn |
| Oct 29, 2021 | 298.00 Mn |
NetApp Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=NTAP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "NTAP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=NTAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();